12 Lanark Street, Smiths Falls, Ontario K7A 1K5

One of three adjacent infill residential development lots in Smiths Falls, Ontario for sale. Lots can be sold separately or as a package. Zoning is R2 allowing for duplex and triplex developments. 12 Bolton St is 470m2 for $159,000 allowing a duplex. 10 Boltons St is 728m2 allowing a triplex for $229,000. 12 Lanark St is 483.1m2 for $179,000 allowing a duplex. The total size of all three lots combined is 18,438 square feet. Municipal water, sewer, and hydro are available near the lot line. This site is a great location to build rental properties. The one lot on Lanark St has already been excavated and backfilled with loose stone temporarily until the site is developed. The property tax is approximate and must be assessed by MPAC. The sale for separate lots requires the titles to be restored to individual lots which is possible as they each have a separate tax roll number. (id:27476)

Smiths Falls, Ontario is offering three adjacent infill residential development lots for sale. These lots are available for individual purchase or as a package deal. The zoning for these lots is R2, which permits the construction of duplexes and triplexes. The first lot, located at 12 Bolton St, has a size of 470m2 and is priced at $159,000, suitable for a duplex. The second lot, at 10 Bolton St, is 728m2 and is priced at $229,000, allowing for the construction of a triplex. The third lot, situated at 12 Lanark St, has a size of 483.1m2 and is priced at $179,000, also suitable for a duplex. When combined, the total size of all three lots is 18,438 square feet.

These lots are conveniently located near municipal water, sewer, and hydro lines, making them an ideal location for building rental properties. The lot on Lanark St has already been excavated and backfilled with loose stone, providing a head start for development. The property tax is approximate and must be assessed by MPAC. If purchased separately, the titles for each lot can be restored to individual status, as they each have a separate tax roll number.

This property is currently for sale and has a land size of 0.12 acres. It is located at 12 Lanark Street in the city of Smiths Falls, Ontario, with the postal code K7A1K5. The property does not have a basement.